By Gina Roberts-Grey, InvestingAnswers.com
Nov 23, 2012
Why is an end-of-year review of your insurance policies so crucial? Take life insurance, for example: You need to make sure your policy will live as long as you do.
If you’re like most busy Americans, you don’t think much about your insurance coverage on your home, car or yourself very often. But as 2012 winds down, some insurance costs are going up — unless you lock them in now. Think of the end of the year as a good opportunity to look at your policies and make sure you’re getting the most bang for your buck.
“Overall, every insurance policy you have should be reviewed every year,” said Billy Van Jura, an independent insurance broker in Poughkeepsie, NY.
Once you’ve taken a look at your policies, you can start 2013 knowing that you have the best rates and the best coverage possible.
Insurance documents don’t make for light reading, but we’ve made it easy for you by compiling a list of the specifics you should be looking for as you go over your policies.